Nepalese rupee
| Nepalese rupee | |
|---|---|
| रूपैयाँ (Nepali) | |
| ISO 4217 code | NPR |
| Central bank | Nepal Rastra Bank |
| Website |
www |
| User(s) |
 Nepal |
| Inflation | 7.8% |
| Source | The World Factbook, October 2005 est. |
| Subunit | |
| 1/100 | Paisa |
| Symbol | Rs or रू. |
| Coins | 1, 5, 10, 25, 50 paisa, Re. 1, Rs. 2, Rs. 5, Rs. 10 |
| Banknotes | |
| Freq. used | Rs. 5, Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500, Rs. 1000 |
| Rarely used | Re. 1, Rs. 2, Rs. 25, Rs. 250 |
The rupee (Nepali: रूपैयाँ) is the official currency of Nepal. The present rupee has the ISO 4217 code NPR and is normally abbreviated with the sign रू. It is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank. Several other currencies are also called rupee. The Nepalese rupee is pegged to the Indian rupee.
History
The rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. Initially, the rupee was called the mohru in Nepali. Its value was pegged to the Indian rupee in 1993 at a rate of 1.6 Nepalese rupees = 1 Indian rupee. [1]
Banknotes
On 17 September 1945, the government introduced notes for 5, 10 and 100 rupees, with the name mohru used in Nepalese.[2]
There are also 25- and 250-rupee notes commemorating the Silver Jubilee of Birendra Bir Bikram Shah in 1997.
Since 2007, Nepalese rupee banknotes have been produced by Perum Peruri, the National Mint Public Company of Indonesia. [3]
| Current NPR exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From XE: | AUD CAD CHF EUR GBP HKD JPY USD |
| From OANDA: | AUD CAD CHF EUR GBP HKD JPY USD |
| From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD |
| From Currency.Wiki: | AUD CAD CHF EUR GBP HKD JPY USD |
See also
References
- ↑ http://users.erols.com/kurrency/asia.htm
- ↑ Linzmayer, Owen (2012). "Nepal". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
- ↑ http://majalah.tempointeraktif.com/id/arsip/2010/05/03/EB/mbm.20100503.EB133448.id.html
Sources
- Krause, Chester L., and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
External links
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